Business News

The UK is in a "deeply uncomfortable" fiscal position ahead of next month's budget, experts have warned, after government borrowing costs soared to a near 30-year high amid growing pressure on global bond yields.

The investment firm which is on the verge of buying Britain's biggest private hospitals group is planning to install a seasoned industry executive as its new boss.

Tim Davie, the former BBC director-general, is returning to the private sector with roles at a pair of companies backed by KKR, one of the world's largest investment firms.

The owner of Poundland is racing to agree a sale of the discount retailer within weeks as it seeks to finalise new ownership ahead of the crucial Christmas trading period.

A bogus listing for 10 Downing Street was able to be set up on Booking.com in an investigation by a consumer watchdog.

Roughly one million people are set to receive letters from HMRC entitling them to £53 on average.

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Some of Britain's biggest retailers, including Asda, Marks & Spencer (M&S) and Tesco, have warned Andy Burnham that a renewed budget tax raid could threaten his cost of living campaign as well as the viability of some of their biggest stores across the country.

Artificial intelligence could cause a worldwide economic downturn, the governor of the Bank of England has warned.

A Norwegian steel group which has been pursuing a bid for Britain’s third-biggest producer of the metal for most of this year has lined up new backing to get its “oven-ready” offer over the line.